According to VladTV, Birdman is at risk of losing his Miami mansion. Birdman who earlier in the year gave a tour of his mansion may now lose it after defaulting on a $12 million dollar loan.
A lawsuit was recently filed against Birdman because he struggled to keep up with his payments toward the $12 million dollar loan, which caused him to default. Reports state Birdman went to EMG Transfer Agent, where he put up his Miami estate up for collateral along with borrowing $12 million.
Birdman has since listed the mansion for sale for $16.9 million dollars. Birdman purchased the mansion from Rockstar Energy Drink owner Russell Weiner for $14.5 million in 2012. This is crazy because Birdman was once known for being a big baller and owning some of the most exotic cars and mansions available, but it seems all that money has been blown away rather quickly.
To see the video tour of Birdman’s Miami mansion click on the next page.